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Point of Bay, NL
Full City Profile · Newfoundland and Labrador
Point of Bay, NL
At a Glance
How Point of Bay Compares to the U.S. Average
Each bar shows Point of Bay's value as a percentage of the national average (100% = U.S. avg)
Is Point of Bay a Good Place to Live?
Economy & Jobs
Point of Bay residents earn a median household income of $66,531 , which is 11% below the national average of $75,149. Per capita income is $41,731. The unemployment rate stands at 27.3% (658% above the U.S. rate of 3.6%). 18.4% of residents live below the poverty line. The area is home to 4 business establishments.
Housing & Cost of Living
The median home value in Point of Bay is $150,000 , 47% below the national median of $281,900. Median rent is $752/month, with 28.7% of renters spending more than 30% of income on housing.
Education
0.0% of adults in Point of Bay hold a bachelor's degree or higher (100% below the national average). 19.1% have completed high school.
Climate & Weather
Point of Bay has an average annual temperature of 39°F (4°C). Winters average 18°F in January while summers reach 60°F in July. The area gets 259 sunny days per year. Annual precipitation totals 42.7 inches.